"Making a Fortune with Notes in Todays Market"
Some people find it hard to believe that you can make money on a delinquent second mortgage in a down market. As a friend of mine once said, "it's counter intuitive". It's a tough concept to grasp....
View ArticleImportance of Equity
It took me awhile to understand the true meaning of equity when it comes to notes, especially delinquent ones. You were always taught to analyze the borrower, the property, and the value; then the...
View ArticleWhy 2nds come 1st?
Why not??......Many people ask me why I like to buy Non-performing second mortgages over first mortgages. Most are stuck on lien position, and the risk they feel they are exposed to. So, how do you...
View ArticleAdvantages of Continuing Education
Every couple of years I have to head off to complete my “continuing education” in order to keep my Real Estate license. It’s hard to believe it’s been 25 years already since I’ve become a Realtor but...
View ArticleWhy Be the Bank?
Why not? Especially if you can become the bank at discount. Obviously, banks make their money through lending. But, here are some other fun facts about the way banks do business. Did you know that a 30...
View ArticlePPR - The Heart of the Note Business
Can a company maintain a philosophy of benevolence while achieving profitable growth? The answer to this question has become apparent to me during my last year as an Administrative Assistant at PPR,...
View ArticleWhy I love re-performering notes
Before I start, it’s probably a good idea to define what a reperformer is, in my world it’s usually a delinquent 2nd mortgage that started to pay or perform again but it’s also a note and...
View Article5 Things I've Learned about Managing Money
Is there really a Magic Formula? I think there is. But don’t take my word for it; many of these ideas and principles have been in existence for more than 8000 years as referenced in the book, The...
View ArticleThe Best Ways to Raise Private Money
Every month, if not every week, I go to Real Estate Investment meetings all around the tri-state area and recently the New York area as well. I usually attend these meetings to network with...
View ArticleForeclosure Facts: Foreclosure from the 2nd Position
One of the biggest misconceptions about 2nd mortgages is foreclosure. Foreclosing from the position of a 2nd mortgage or foreclosing from ANY secured lien position for that matter is totally possible....
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